While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease interest payments on the government’s $37 trillion debt burden—likely a central motivation.
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In exclusive interviews with Fortune, Wharton’s Professor Joao Gomes and AEI’s Desmond Lachman warned that while tariffs may slow…
Borrowing costs are likely to stay higher for longer, with only gradual relief expected through 2026.
It's the equivalent of a new payroll tax or a 17% cut in the size of the military, according to a top think tank.
"At this time, it appears that meaningful tariff revenue has the potential to offset the deficit-raising aspects of the recent…
It's the equivalent of a new payroll tax or a 17% cut in the size of the military, according to a top think tank.
Trump’s bond-buying strategy could be a mix of tax savings and potential profit-taking.
